SM Prime expands in Eastern Visayas with SM Center Ormoc
(15 November 2018, Pasay City, Philippines) SM Prime Holdings, Inc.. (SM Prime), one of the largest integrated property developers in Southeast Asia, will open its newest mall, SM Center Ormoc in the Province of Leyte, this Friday, November 16. This is the Company’s first mall in Eastern Visayas Region and will offer more than 20,000 square meters (sqm) of gross floor area (GFA) of well-selected dining, shopping and entertainment options.
"It is SM Prime’s pride and joy to finally open our first mall in the Eastern Visayas Region. SM Center Ormoc will be a great addition to the growing local economy of Ormoc City and the continuously developing province of Leyte. We look forward to more growth opportunities for the people of this region along with SM’s brand of lifestyle and entertainment,” SM Prime President Jeffrey C. Lim said.
Newest Destination in Downtown Ormoc City
SM Center Ormoc will open with 85% of its space lease awarded, covering three floors of mixed recreation, service and entertainment facilities led by SM Supermarket, SM Appliance Center, Watsons, Ace Hardware, Simply Shoes, Surplus, Miniso and Banco De Oro. It will also feature an al fresco dining area on its second level, giving a glimpse of the vibrant surrounding, and four SM Cinemas, including a Director’s Club Cinema.
SM Center Ormoc promises to be a destination for leisure and entertainment of the city’s residents.
Vivid Colors for Vibrant City
Bounded by Hermosilla Drive in the north, Real Street in the east, Osmeña Street in the south and Anilao River in the west, this new SM Mall’s modern structure with vivid design is a sure standout in the bustling downtown area of Ormoc City.
SM Center Ormoc’s architecture boasts of distinct style and pattern that allow generous natural light into its interiors, accentuating its colorful and modern design that is inspired by the dynamic lifestyle of the city and sustainable development of the region.
SM Prime has opened four new malls in the first nine months of 2018 namely SM Center Imus in Cavite, SM City Urdaneta Central in Pangasinan, SM City Telabastagan in Pampanga and SM City Legazpi in Albay.
SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.
For further information, please contact:
Vice President, Investor Relations
SM Prime Holdings, Inc.
Tel. no.: +632 862 7940